Aerodynamically, the bumble bee shouldn't be able to fly, but the bumble bee doesn't know it so it goes on flying anyway. – Mary Kay Ash

Eight Steps to Innovation

I had read this book couple of years back and read it again in the past week. Dr. Vinay, apart from being the co-author of this book is a good friend and advisor to me.

Typically I have believed

Innovation is something binary. Either you have it or you do not have it.

They are random one-off events that change the course of history

They are more individual driven

Difficult to get a process and framework around Innovation

Creating a culture around it is next to impossible

The authors go about breaking each of the above systematically and cite concrete examples from local and global context on how Innovation can be built in any place, by practicing certain methods repeatedly.

They offer a eight step path .

Lay the foundation

Create a Challenge Book

Build Participation

Experiment with Low Cost at High Speed

Go fast from prototyping to incubation

Iterate on the Business Model

Increase the Batting Average

Create a Margin of Safety

Though I personally beg to differ on some aspects like creating a margin of safety and the effort invested in building participation, I give my benefit of doubt to the more qualified authors.

This book is appealing, because Innovation need not be heroic and need not have a make or break approach.

It can be seeded, nurtured and cultivated and above all it can be sustained.

Go grab the book and devour it.

I am sure you will go back to it again, as I did.

Enjoy Maadi (Have Fun)

Zunder

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Published by Zunder Lekshmanan

An obedient son, a committed worker, a bearable husband, father, brother and a loyal friend. A self-proclaimed techie, a foodie, enjoy road trips and love the mountains
View all posts by Zunder Lekshmanan